Vietjet and Airbus sign US$2.39 billion deal

The agreement is valued at US$2.39 billion and deliveries are expected to begin from 2017 until 2020.

The signing ceremony, which took place at the Presidential Palace in Hanoi was conducted by Nguyen Thi Phuong, Vice President & CEO of Vietjet and Fabrice Bregier, President & CEO of Airbus. The agreement was also witnessed by Mr. Tran Dai Quang, President of the Socialist Republic of Vietnam and French President, Francois Hollande.

“Vietjet is developing robustly and sustainably with an aim at better serving our passengers and promoting tourism and economic development in Vietnam and other regional countries,” said Nguyen Thi Phuong.

Also speaking at the signing ceremony, Mr Fabrice Bregier said:

“We are pleased to sign our latest purchase agreement with Vietjet. The airline is benefitting from the very sufficient economies that come from operating a single aircraft family. For busier routes, the A321 combines higher capacity with the lowest operating costs in its class, offering unbeatable efficiency. We look forward to developing further our partnership with Vietjet, including working with the airline to develop its new training facility.”

The airline currently boats a fleet of 40 aircraft, including Airbus A320 and A321s.

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